According to CoreLogic, the nationwide delinquency rate dropped to 1.1%, the lowest level reported in 23 years, as the unemployment rate remains near an all-time low.
Read More »Nationwide Mortgage Delinquency Rate Neared Record Low in February
“February’s early-stage delinquency rate was historically low and primarily driven by a strong job market,” said Molly Boesel, Principal Economist at CoreLogic. “However, the possibility of a recession that would raise the U.S. unemployment rate could slightly erode the current strong mortgage performance situation in the coming months.”
Read More »Share of Delinquent Mortgages Drops, But Foreclosure Rate Creeps Upward
CoreLogic reports that the share of home loans in delinquency continues to dip nationwide, down from a high of 7.3% in the spring of 2020, and down by 0.5 percentage points from January 2022.
Read More »January Delinquencies Improve Across the Board
January performance data decreased by 10-basis points in the national delinquency rate over December.
Read More »Serious Delinquency Rates for FHA/VA Loans Remain Above Pre-Pandemic Levels
According to a new CoreLogic report, new data shows conventional serious delinquency rates remain lower than pre-pandemic levels, even as rates for FHA and VA loans continue to inch upward.
Read More »Examining Q3 Mortgage Delinquencies
After a recent report found nearly 1.4 million home loans nationwide were in some stage of delinquency, a new MBA report examines how the multifamily side of the housing sector compared during Q3 2022.
Read More »Delinquencies, Foreclosures Up Year-Over-Year But Still Near Record Lows
Nationwide, the overall delinquency rate dropped for the 18th consecutive month on an annual basis, as CoreLogic reports that approximately 1.4 million loans nationwide were in some stage of delinquency.
Read More »Mortgage Delinquencies Drop to 23-Year Low
CoreLogic has released its monthly Loan Performance Insights Report for June 2022, showing that 2.9% of all mortgages in the U.S. were in some stage of delinquency, —30 days or more past due, including those in foreclosure— representing a 1.5 ...
Read More »Delinquencies Find New Low in March, But Will It Last?
According to CoreLogic, the nation’s delinquency rate in the U.S. in March 2022 hit its lowest recorded point since at least January 1999, as found in its latest monthly Loan Performance Insights Report. In March of this year, some ...
Read More »Mortgage Delinquency Rate Falls to 20-Year Low
Improvements in the employment sector, combined with a rise in home prices, drove delinquency and foreclosure rates to levels last seen more than two decades ago.
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